From backcasting towards forecasting
โ Scribed by Gold, Bela
- Book ID
- 122991125
- Publisher
- Elsevier Science
- Year
- 1974
- Tongue
- English
- Weight
- 827 KB
- Volume
- 2
- Category
- Article
- ISSN
- 0305-0483
No coin nor oath required. For personal study only.
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## Abstract Over time, economic statistics are refined. This implies that data measuring recent economic events are typically less reliable than older data. Such time variation in measurement error affects optimal forecasts. Measurement error, and its time variation, are of course unobserved. Our c